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Latest Regulatory Trends Impacting the Seed Treatment Market

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Latest Regulatory Trends Impacting the Seed Treatment Market

April 19
16:30 2021
Latest Regulatory Trends Impacting the Seed Treatment Market

MarketsandMarkets™
The global seed treatment market is estimated to be valued at USD 6.4 billion in 2020 and is projected to reach USD 11.3 billion by 2025, recording a CAGR of 12.1%

The global seed treatment market is estimated to be valued at USD 6.4 billion in 2020 and is projected to reach USD 11.3 billion by 2025, recording a CAGR of 12.1%. Seed treatment serves the purpose of seed disinfection, as well as disinfestation and protection based on the features and purpose of the treatment. The increase in the demand for high-efficiency seed chemicals and the need to turn every seed into a viable seedling and produce high yields is driving the market.

Seed Treatment Market

Market Dynamics:

Driver: Serves as insurance to seed investments

The seed treatment market has gained significant success in terms of product development with respect to seed coating and achieving crop efficiency at the early seedling stage. Today, these seed treatment products not only help in protecting the seeds but also help in acting as seed enhancers, in turn, improves the crop yield. The basic functions of the initial seed treatment were majorly to control certain soil pathogens that affect seed performance. In addition, innovations with different formulations and active ingredients have now helped in seed treatments, which have a broad spectrum of protection against insects, diseases, and nematodes, with a combination of insecticides, fungicides, and inoculants.

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Restraints: Limited shelf life of the treated seed

Seed treatments can protect the seed and seedlings from low-moderate attacks by insects during the emergence and establishment of plants. Although the duration of protection may be limited, a delay in crop damage and pest establishment can be lowered. Due to the limited shelf life of treated seeds, seed germination and vigor decline relatively increase, particularly in seeds such as soybean. The survival of the microbes is affected by the physical and chemical properties of its formulation. The maintenance of the viability of the coated microbes in seeds can be challenging, therefore, shortening their shelf life.

By crop type, cereals & pulses segment is projected to be the fastest-growing segment in the seed treatment market during the forecast period.

The trend of consuming cereals & pulses is more worldwide as it is considered as staple food inmost of the countries, and this trend is projected to continue in the coming years. According to the USDA, the Southeast Asian region has become the largest importer of wheat for the year 2018-2019, mainly from Indonesia and the Philippines, as the domestic demand is almost non-existent in these countries, making way for import. Rice consumption will also increase in the Middle East and West Africa, where rice is gaining importance as a major food staple and source of calories. The market situation for cereals has been marked by an abundance of supplies and slower growth in demand. However, the growth of this market is driven by improvement in yield and increased use in food-related applications. This, in turn, is projected to drive the market.

By type, the chemical seed treatment is projected to dominate the market during the forecast period.

Chemical seed treatment witnesses increased preference among farmers due to its effectiveness, availability, and simpler application technique. Research shows that treating seed with one or more pesticides is the most economical way to protect them from pests and enhance seed quality. Pesticide manufacturers have been assisting in the formulation of chemical combinations for seed processors. Many key companies, such as Bayer AG (Germany), Syngenta AG (Switzerland), and Corteva Agriscience (US), offer broad-spectrum chemical seed treatment solutions for controlling seed and soil-borne diseases in a broad range of crops. This exponential growth in this North America region is attributed to government subsidies, increasing need to improve and protect food production, and rising awareness of seed treatment.

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APAC is projected to grow at the highest CAGR during the forecast period.

The market for seed treatmentin the APAC region is projected to grow at the highest CAGR from 2020 to 2025. The rising demand for grains, vegetables, and oilseeds from food processing, feed, and biofuel industries have encouraged farmers to adopt the crop cultivation pattern. The requirement for higher food production to feed a larger population with the help of modern agricultural practices is estimated to drive the need for seed treatment in the Asia Pacific region.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the seed treatment market. It includes the profiles of leading companies, such as BASF SE (Germany), Bayer AG (Germany), Novozymes A/S (Denmark), Syngenta AG (Switzerland), Corteva Agriscience (US), FMC Corporation (US), Adama Ltd (Israel), Croda International (UK), UPL Ltd (India) and Nufarm (Australia), EastMan Chemicals (US),Germains Seed Technology (UK), Precision Laboratories, LLC (US), Globachem (Belgium), Rhizobacter (Argentina), Valent USA (US) and Verdesian Lifescience (US), Plant Health Care (US), Bioworks (US), Certis Europe (US) and Advanced biological marketing (US).

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